News

Court Grants CBN Permission to Freeze Bank Accounts of 20 Alleged #EndSARS Promoters

Malik Yahya/

A federal high court sitting in Abuja has granted the request by the Central Bank of Nigeria (CBN) to freeze the accounts of 19 individuals and a public affairs company linked to the #EndSARS protests.

The request granted by Justice Ahmed Mohammed was sequel to an application filed by the CBN on October 20.

Some of the affected individuals are Bolatito Racheal Oduala, Chima David Ibebunjoh, Mary Doose Kpengwa, Saadat Temitope Bibi, Bassey Victor Israel, Wisdom Busaosowo Obi, Nicholas Ikhalea Osazele, Ebere Idibie, Akintomide Lanre Yusuf, Uhuo Ezenwanyi Promise and Mosopefoluwa Odeseye.

Others are: Adegoke Pamilerin Yusif. Umoh Grace Ekanem, Babatunde Victor Segun, Mulu Louis Teghenan, Mary Oshifowora, Winifred Akpevweoghene Jacob, Victor Solomon, Idunu A. Williams, and Gatefield Nigeria Limited.

The court order, which was addressed to the head offices of Access Bank, Fidelity Bank, First Bank Nigeria, Guaranty Trust Bank, United Bank of Africa, and Zenith Bank, directed the banks to freeze forthwith all transactions on the 20 accounts on the list annexed to the CBN’s application as Exhibit A and all other bank accounts of the defendants/respondents for a period of 180 days pending the outcome of investigation and inquiry currently being conducted by the CBN.

Gatefield Nigeria Limited had earlier sued Access Bank Plc for allegedly blocking an account used to promote media coverage of the #EndSARS protests.

0
Editor

Recent Posts

Anti-Graft DG Resigns after Setting the World on Fire with High Profile Serial Sexcapades in Equatorial Guinea

Matilda Omonaiye/ The Director General of the National Financial Investigation Agency in Equatorial Guinea, Baltasar…

12 mins ago

Aquitane Oil & Gas Accuses Zenith Bank of Forgery, Alleges ₦1.4 Billion Dividend Theft, Unauthorized Sale of Collateral Shares

Segun Atanda/ In a scandal shaking Nigeria’s financial sector, Aquitane Oil & Gas Ltd., a…

3 hours ago

Quincy Jones: Legendary American Music Producer behind Michael Jackson’s Thriller Dies at 91

Segun Atanda with AP/ After a career spanning 70 years, Quincy Delight Jones, Jr., the…

1 day ago

Tinubu’s Team Hits Atiku, Defends Economic Reforms

Segun Atanda/ The presidency has hit back at former Vice President Atiku Abubakar, dismissing his…

2 days ago

UN in Nigeria: Charting a Path Towards a Brighter Future

By Mohamed Malick Fall/ The indescribable destruction caused by the first and second world wars…

2 days ago

Kemi Badenoch Becomes UK Conservative Party’s First Black Leader

Segun Atanda/ Kemi Badenoch has been elected the new UK Conservative leader. The former business…

3 days ago